You can manage data change events of business entities and their relationships through timeline management. A data change event is a change to data that is effective for a time period. When data change events occur, the MDM Hub creates versions of the record instead of overwriting the existing data.
If timeline is enabled, you can create, view, update, and delete versions of a business entity record. You can define the record versions based on their effective periods. Data changes occur over time and are independent of their relationship to other data. The changes to data result in a new version of effectiveness or an updated period of effectiveness for the past, present, or future. You can track these changes to data over a period of time.
For more information on managing record versions, see the